Eastern’s Forward Purchase Contracts ready to be assigned | TSLN.com

Eastern’s Forward Purchase Contracts ready to be assigned

James A. Knauer, the trustee in the Eastern Livestock Co. bankruptcy case, posted Friday, Jan. 14, on his blog at http://www.easternlivestockbkinfo.com that he has been authorized by the bankruptcy court to assume and assign the over 160 Forward Purchase Contracts held by Eastern to third parties. Knauer also noted in the blog post that given the rise in cattle prices (as compared with the original contract prices), the rights under these contracts represent a valuable asset of Eastern’s bankruptcy.

Offers are being accepted and a complete list of the contracts that are available are posted on the case Web site, http://www.easternlivestockbkinfo.com. At this time interested parties should contact Knauer via the online contact form.

James A. Knauer, the trustee in the Eastern Livestock Co. bankruptcy case, posted Friday, Jan. 14, on his blog at http://www.easternlivestockbkinfo.com that he has been authorized by the bankruptcy court to assume and assign the over 160 Forward Purchase Contracts held by Eastern to third parties. Knauer also noted in the blog post that given the rise in cattle prices (as compared with the original contract prices), the rights under these contracts represent a valuable asset of Eastern’s bankruptcy.

Offers are being accepted and a complete list of the contracts that are available are posted on the case Web site, http://www.easternlivestockbkinfo.com. At this time interested parties should contact Knauer via the online contact form.

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